PEBB Sells Delray Beach Retail for Second Time

PEBB Enterprises offloaded Delray Landing, a Sprouts-anchored neighborhood shopping center in Delray Beach. PEBB, in a joint venture with Topvalco Inc., sold the 70,000 square foot property for $30 million to 30 Realty LLC.

Eric Williams and Cole Frantz from Newmark represented the seller in the transaction.

Located at 5024–5070 W. Atlantic Ave., Delray Landing underwent a comprehensive redevelopment during PEBB and Topvalco’s ownership. The shopping center is home to a mix of national and local tenants, including Retro Fitness, Keke’s Breakfast Café, CJ’s Sports Bar & Grill and Good Vets…

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